In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.
The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.
Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.
Latest Suncor Energy News
Four of Canada's largest oil sands producers have come together to demonstrate leadership on climate change. Canadian Natural Resources Limited, Cenovus Energy Inc., Shell Canada Limited and Suncor Energy Inc., support the Government of Alberta's climate plan related to the oil and natural gas indus... Monday, November 23, 2015
Analysis in CanOils' new report 'Canadian M&A Activity Heats Up in October 2015' shows that the Canadian oil and gas upstream sector had Cdn$7.3 billion of M&A deals announced during October 2015. The bulk of this value is made up of Suncor's Cdn$6.6 billion takeover bid for Canadian Oil Sands Limit... Tuesday, November 10, 2015
Suncor Energy today announced that it has successfully closed the previously announced purchase of an additional 10 per cent working interest in the Fort Hills oil sands project from Total E&P Canada Ltd. The acquisition of the additional working interest presents an opportunity for Suncor to lower ... Tuesday, November 10, 2015
'Suncor has delivered another strong quarter, with operating cash flow of $1.9 billion,' said Steve Williams, president and chief executive officer. 'The strength of our downstream business and the reliability of our Oil Sands operations continue to serve our shareholders well in the current challe... Thursday, October 29, 2015
All Suncor Energy News
Suncor Energy Inc. today announced that it has formally commenced an unsolicited offer to Canadian Oil Sands Limited (TSX Symbol 'COS') shareholders to acquire all of the outstanding shares of COS for total consideration of approximately $4.3 billion. Under the terms of the Offer, each COS sharehold... Monday, October 5, 2015